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Category: ESG Middle East
In an ESG News exclusive interview with Lawrence Paramasivam, the Senior Executive Director of Policy & Legal at the FSRA during Abu Dhabi Finance Week (ADFW), highlighted UAE’s Strategic Evolution...
The Asian Infrastructure Investment Bank (AIIB) and Saudi Arabia have signed a joint declaration of intent to advance sustainable infrastructure investments across the region. The agreement, formalized at the Conference...
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), announced 11 new partnerships worth SAR 5.5 billion (USD 1.5 billion) at the 3rd PIF Public Sector...
NEOM & DataVolt partner for sustainable AI future NEOM and DataVolt have signed a landmark agreement to develop the first net-zero AI factory campus in Oxagon, northwest Saudi Arabia. The...
Abu Dhabi-based Ittihad International Investment has arranged a $450 million sustainability-linked RCF with local banks, bolstering its financial flexibility. The facility is backed by key financial institutions, with Emirates NBD,...
Gulf Cooperation Council (GCC) nations have announced a landmark $100 billion investment in renewable energy by 2030. The move is part of a broader strategy to transition towards clean energy...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra...
Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, announced the Kingdom’s significant investments exceeding $500 billion in creating sustainable tourism destinations. Speaking at the Saudi House pavilion in Davos, he emphasized...
Etihad Rail, the operator of the UAE National Railway Network, has introduced the region’s first-ever “CO2 Emission Avoidance and Reduction Certificates.” The initiative quantifies and validates carbon savings achieved by...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Qatar’s Sustainable Finance Surge In 2024, Qatar set a regional benchmark by issuing $2.5B in green bonds to fund environmentally friendly projects, marking a new era for sustainable finance. Invest...
Abu Dhabi has introduced MARSDNA, a groundbreaking tool designed to advance Environmental, Social, and Governance (ESG) goals in the maritime sector. Developed by Maqta Technologies Group, this free, user-friendly digital...
The Environment Agency – Abu Dhabi (EAD) has launched an international standard carbon Measurement, Reporting, and Verification (MRV) programme to address carbon emissions and accelerate the emirate’s transition to a...
What’s happening: Hyundai has partnered with its UAE distributor, Juma Al Majid Company, to deliver two hydrogen fuel cell buses as part of Abu Dhabi’s Green Bus Programme. This initiative,...
The Environment Agency – Abu Dhabi (EAD) has reported a dramatic reduction in single-use plastic bag consumption since implementing its Single-Use Plastic Policy in June 2022. In just two years,...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
Abu Dhabi Finance Week (ADFW) 2024 commenced today under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of...
London, Dec 6, 2024 (ESG NEWS) – Qatar has officially launched the trading of its first green bonds on the London Stock Exchange (LSE), marking a milestone in the nation’s...
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